Insights from a VC on the PropTech Revolution
Podcast
The Crexi Team
August 21, 2024
This episode dissects the latest venture capital trends and advancements in the PropTech sector with Gavin Myers, Co-founder and Managing Partner of Prudence.
The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with some of the top CRE professionals in the space. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate.
In this episode, host Yannis Papadakis sits with Gavin as he shares his background in investment banking and venture capital, detailing his career path and investment ethos. They delve into Prudence's focus on advanced technologies and their approach to identifying high-quality companies in the built world, which includes real estate, construction, and infrastructure.
Gavin also emphasizes the importance of patience and authenticity in venture capital, sharing insights on the current trends in PropTech, the challenges and opportunities brought by artificial intelligence, and the evolving landscape of commercial real estate technology. The conversation highlights Prudence's strategy of investing in early-stage companies with a focus on innovation and advanced capability while discussing the future of PropTech and the crucial role of data and AI in the industry.
- Meet Gavin Myers: Background and Career
- Early Career and Venture Capital Beginnings
- Investment Philosophy and Crexi Case Study
- Prudence's Focus and Investment Strategy
- The Role of AI in Venture Capital
- PropTech Startup Landscape: Pre and Post Pandemic
- The Real Estate Arms Race
- Automation in Vertical SaaS
- Unmet Needs in Construction
- AI in PropTech
- Advice for Founders
- Rapid Fire Questions
- Closing Thoughts and Future Outlook
Watch “Insights from a VC on the PropTech Revolution” on YouTube
About Gavin Myers:
Gavin Myers is the Co-Founder and Managing Partner at Prudence, a global venture firm investing in technology companies leading the global transformation of the built world across real estate, construction, infrastructure and climate adaptation.
Gavin has been investing in the proptech sector for over a decade, and is one of the most active investors in the space globally. He serves on the Board of Directors at Casafari, Evernest, Morty, Planera (observer), and VendorPM and Crexi (observer).
Previously, Gavin was a Vice President at Sun Capital Partners, where he focused on middle market private equity. He began his career as an investment banking analyst in the CSFB Technology Group and is a graduate of Yale University and Columbia Business School.
About Crexi’s Commercial Real Estate Podcast:
Crexi’s commercial real estate podcast features conversations across all aspects of commercial real estate with industry leading investors, developers, brokers, and professionals. Among the top 5% of commercial real estate podcasts, The Crexi Podcast sits down with industry experts to investigate trends, educate listeners, and uncover the latest happenings and news in the world of commercial real estate. To listen to all episodes for free, check out The Crexi Podcast's full library here.
Crexi is transforming commercial real estate with advanced, integrative technology and data analytics designed to accelerate every CRE stakeholder’s success. From trading properties to machine-learning-powered industry Intelligence, Crexi’s intuitive CRE solutions accelerate transaction velocity and have empowered over 3 million active monthly users to close more than $615 billion in deals and market over $7 trillion in property value.
